Title Abstract Search and Settlement/Closing Services in Oklahoma
ID: 12FPC425Q0022Type: Combined Synopsis/Solicitation
Overview

Buyer

AGRICULTURE, DEPARTMENT OFFARM PRODUCTION AND CONSERVATION BUSINESS CENTERFPAC BUS CNTR-ACQ DIVWASHINGTON, DC, 20250, USA

NAICS

Title Abstract and Settlement Offices (541191)

PSC

SUPPORT- PROFESSIONAL: LEGAL (R418)

Set Aside

Total Small Business Set-Aside (FAR 19.5) (SBA)
Timeline
    Description

    The U.S. Department of Agriculture (USDA) is seeking qualified contractors to provide Title Abstract Search and Settlement/Closing Services for conservation easement acquisitions in Oklahoma, specifically through the Natural Resources Conservation Service (NRCS). The procurement requires contractors to perform essential tasks such as conducting title searches, clearing title exceptions, managing escrow accounts, obtaining necessary signatures, and recording documents to ensure proper title for easements held by the U.S. government. This initiative is crucial for supporting conservation efforts aimed at restoring and protecting wetlands and forest lands, thereby safeguarding critical land resources. Interested small businesses must submit their detailed quotes by January 22, 2025, with the anticipated contract term running from February 1, 2025, to January 31, 2030. For further inquiries, potential bidders can contact Crystal Baird at crystal.baird@usda.gov.

    Point(s) of Contact
    Files
    Title
    Posted
    The USDA Natural Resources Conservation Service (NRCS) seeks Title Abstract Search and Settlement/Closing Services for conservation easement acquisitions in Oklahoma. The contractor will provide essential services, including title searches, clearing exceptions, managing escrows, obtaining signatures, and recording documents, to ensure title for easements held by the U.S. government. Key tasks include initial and updated title commitments, as well as closing services coordinated with NRCS lawyers. Deliverables must be completed within specified timeframes: initial title services within 21 business days, updated commitments within 14 business days, and closing services within 30 days of receiving federal funds. Additionally, the contractor must be licensed in real estate title services, maintain confidentiality of sensitive information, and manage personnel without direct government supervision. Compliance with state laws and federal regulations surrounding real estate transactions is mandatory. This request for proposal (RFP) aligns with broader government initiatives to support conservation efforts by acquiring easements to protect critical land resources while fostering collaboration with landowners.
    The "Past Performance Information Questionnaire" is a document used by the USDA FPAC Business Center to gather evaluations of contractor performance in relation to federal contracts. It requests feedback from respondents on various performance metrics, such as meeting contract deliverables, timely submissions, adherence to delivery dates, and overall contractor effectiveness. The questionnaire employs a rating scale (0 to 4) to assess performance, allowing for detailed feedback where ratings fall below 2. Key areas for evaluation include problem-solving capabilities, relationship-building in teamwork, and overall satisfaction with the contractor's work quality. Additionally, respondents are asked to indicate whether they would hire the contractor again. The purpose of this document is to compile qualitative and quantitative data on contractors to inform future evaluations and solicitations within the context of government procurement processes. This structured approach aims to enhance accountability and ensure high standards in public contracting.
    The U.S. Department of Agriculture's Natural Resources Conservation Service (NRCS) requires title search and closing services for its easement programs in Oklahoma. The document outlines the responsibilities of contractors to ensure the acquisition of conservation easements, which aim to restore and protect wetlands and forest lands. Key tasks include providing title commitments, clearing title exceptions, managing escrow accounts, obtaining necessary signatures, recording documents, and issuing title insurance policies. Contractors must comply with federal and state regulations, maintain current knowledge of title requirements, and possess a DUNS number and SAM registration. Services should be completed within specified timeframes, with payments structured based on deliverable approvals. The document emphasizes confidentiality, civil rights compliance, and conflict of interest avoidance throughout the process, maintaining the focus on proper handling of sensitive information and adherence to applicable laws for effective program delivery.
    The U.S. Department of Agriculture's Natural Resources Conservation Service outlines the requirements for closing agents involved in various easement programs, including the Agricultural Conservation Easement Program and the Healthy Forest Reserve Program. The document specifies that closing agents must possess current knowledge of state law, hold proper licensing, and ensure title insurance is provided. They must protect federal funds by offering liability insurance and certify there is no conflict of interest in transactions. Key responsibilities include conducting thorough title examinations, securing executed conservation easement deeds, and ensuring timely closing within 30 days of fund transfer. The closing agent must supply essential documentation, including an itemized statement of closing costs and IRS reporting forms. Additionally, the guidelines outlined for various program types emphasize maintaining compliance with federal regulations, which is crucial for safeguarding public interests. This structured approach ensures the effective and responsible execution of transactions related to conservation easements funded by federal grants.
    The document outlines the closing instructions for acquiring a Wetland Reserve Easement under the Agricultural Conservation Easement Program (ACEP-WRE), managed by the Natural Resources Conservation Service (NRCS). It details the responsibilities of the closing agent, including compliance with state laws, securing proper title insurance, and managing federal funds. The agent must establish an escrow account, receive Federal funds via electronic transfer, and close the transaction within specified timeframes. The closing agent must ensure no new encumbrances exist on the property prior to closing and must record the warranty easement deed and any necessary title curative documents within set deadlines. Upon closing, the agent is tasked with delivering essential documents, including the title insurance policy, closing statements, and IRS Form 1099 to both the NRCS and the landowner. These instructions serve to ensure that transactions involving Federal funds are conducted properly, safeguarding the interests of the United States while facilitating land conservation efforts. The outlined processes aim to streamline easement acquisitions and ensure compliance with legal and regulatory requirements.
    The file outlines the U.S. Department of Agriculture's Request for Quotation (RFQ) numbered 12FPC425Q0022 for title abstract search and settlement/closing services in Oklahoma. This solicitation is set aside exclusively for small businesses under NAICS code 541191 and is aimed at obtaining essential services for conservation easement acquisitions facilitated by the Natural Resources Conservation Service (NRCS). The anticipated contract term is from February 1, 2025, to January 31, 2030, with multiple line items including preliminary title commitments, closing services, and associated fees. Evaluation criteria prioritize technical capability and past performance, with pricing considered secondarily. Prospective contractors must submit detailed quotes split into technical and pricing sections by January 22, 2025. The document emphasizes compliance with various Federal Acquisition Regulation (FAR) clauses. Overall, the RFQ seeks to secure proficient services while promoting small business participation in federal procurements, supporting USDA's conservation efforts in the state.
    Lifecycle
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    Combined Synopsis/Solicitation
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